# Innovation AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/innovation-ai

- Industry: Agribusiness
- Headquarters: Beijing, China
- Website: www.innovationai.cn
- Latest round: Series A (Nov 8, 2019)
- Investors on record: 2

## About

Established in 2017 and based in Beijing, China, Innovation AI is an artificial intelligence company that focuses on breeding industry, providing livestock identification platform, breeding insurance and breeding solutions services. The company has partnerships with Agricultural Bank of China, China Life, China Insurance, and Sunshine Insurance Group.

The company’s main business is providing AI-driven livestock identification and smart breeding solutions. The company’s self-developed products include a SaaS platform tailored for the livestock industry. Its products are used in the field of livestock breeding, and insurance services.

The company generates revenue by providing its SaaS platform services to livestock breeders, offering insurance platform services to insurance companies, and delivering risk control and regulatory compliance platforms to financial institutions and government agencies.

## Funding rounds

- Series A, Nov 8, 2019 — Red Star Investment, Hongruida Capital

## Investors

- Red Star Investment (https://capitalatlas.ai/funds/red-star-investment) — Series A
- Hongruida Capital — Series A